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What are Money Plants? A Comprehensive Guide to Growing & Thriving

So, you’ve heard whispers of money plants promising prosperity and good fortune. But what exactly are these leafy green talismans? Simply put, the term “money plant” is a bit of a misnomer. It’s a common name applied to several different plant species, most notably Epipremnum aureum, also known as pothos or devil’s ivy. However, Crassula ovata, often referred to as the jade plant, is also frequently marketed as a money plant. The association with wealth stems from their vibrant green leaves, which symbolize growth, prosperity, and new beginnings in many cultures. While they won’t literally grow money, they can certainly add a touch of natural beauty and a positive vibe to your space!

Unveiling the Two Primary “Money Plants”

The confusion around “money plant” arises because the name is applied to at least two very different plant species, each with its own distinct characteristics:

1. Epipremnum aureum (Pothos/Devil’s Ivy)

This is likely the plant that first springs to mind when you hear “money plant.” Pothos is a trailing vine known for its heart-shaped leaves that come in various shades of green, often variegated with yellow or white. They’re incredibly easy to care for and exceptionally adaptable, making them a popular choice for beginners. Pothos can be grown in hanging baskets, trained to climb, or allowed to cascade from shelves. They thrive in a range of light conditions, tolerating low light environments, though they flourish with brighter, indirect sunlight. Their ability to purify the air adds another layer of appeal, making them a welcome addition to any indoor space.

2. Crassula ovata (Jade Plant)

The jade plant, with its thick, succulent leaves, is another contender for the title of “money plant.” These slow-growing succulents have a tree-like appearance, with sturdy branches and rounded, fleshy leaves. The leaves are typically a deep green color, often with reddish edges, particularly when exposed to cooler temperatures and bright light. Jade plants are symbols of good luck and prosperity in many Asian cultures and are often given as gifts for new businesses or homes. They require well-draining soil and plenty of sunlight to thrive. Unlike pothos, jade plants are more susceptible to overwatering, so it’s crucial to let the soil dry out completely between waterings.

Why are They Called Money Plants?

The association of these plants with money is deeply rooted in cultural beliefs and symbolism:

Feng Shui: In Feng Shui, the jade plant’s round leaves are believed to resemble coins, symbolizing wealth and prosperity. Placing a jade plant in the southeast corner of a home or office, which is considered the wealth corner, is thought to attract financial abundance.
Leaf Shape and Color: The vibrant green color of both pothos and jade plants is associated with growth, vitality, and new beginnings. The lush foliage symbolizes the abundance of wealth and prosperity.
Easy Propagation: Both plants are relatively easy to propagate, signifying the ability to grow and multiply resources. This resonates with the idea of increasing wealth.
Popular Belief: Over time, the association with good luck and prosperity has solidified, making them a popular gift and decorative element in homes and businesses.

Caring for Your Money Plant

While these plants won’t magically fill your wallet, proper care ensures they thrive, symbolizing continued growth and prosperity. Here’s a quick guide:

Pothos ( Epipremnum aureum):
- Light: Bright, indirect light is ideal, but they tolerate low light. Avoid direct sunlight, which can scorch the leaves.
- Water: Allow the soil to dry out slightly between waterings. Overwatering can lead to root rot.
- Soil: Well-draining potting mix.
- Fertilizer: Fertilize monthly during the growing season (spring and summer) with a balanced liquid fertilizer.
Jade Plant (Crassula ovata):
- Light: Requires at least 4-6 hours of direct sunlight daily.
- Water: Water thoroughly only when the soil is completely dry.
- Soil: Well-draining succulent potting mix.
- Fertilizer: Fertilize sparingly during the growing season with a succulent fertilizer.

Money Plant FAQs: Your Burning Questions Answered

Here are some frequently asked questions to help you understand and care for your money plant:

1. Are money plants toxic to pets?

Yes, both pothos and jade plants are toxic to pets if ingested. They contain compounds that can cause oral irritation, vomiting, and difficulty swallowing. Keep them out of reach of cats, dogs, and other animals.

2. How do I propagate a money plant?

Pothos are easily propagated via stem cuttings. Simply cut a stem below a node (where a leaf grows), and place the cutting in water until roots develop. Then, plant the rooted cutting in soil. Jade plants can be propagated from leaf cuttings. Allow the cut end of the leaf to callous over for a few days, then place it on top of well-draining soil. Roots will eventually form.

3. What are the signs of overwatering a money plant?

Signs of overwatering include yellowing leaves, brown spots, wilting, and root rot. The soil may also feel consistently damp.

4. What are the signs of underwatering a money plant?

Signs of underwatering include drooping leaves, crispy brown leaf edges, and dry soil that pulls away from the pot.

5. Why are my money plant leaves turning yellow?

Yellowing leaves can be caused by overwatering, underwatering, insufficient light, or nutrient deficiencies. Evaluate your care routine and adjust accordingly.

6. How often should I repot my money plant?

Repot pothos every 1-2 years and jade plants every 2-3 years, or when they become root-bound. Choose a pot that is slightly larger than the current one.

7. Can I grow money plants outdoors?

Pothos can be grown outdoors in warm, humid climates in shaded areas. Jade plants can be grown outdoors in sunny locations in regions with mild winters.

8. What is the best soil for a money plant?

Pothos thrive in a well-draining potting mix. Jade plants require a well-draining succulent potting mix.

9. Do money plants purify the air?

Yes, pothos are known for their air-purifying abilities. They can remove toxins such as formaldehyde, benzene, and xylene from the air.

10. How do I train my pothos to climb?

You can train pothos to climb by providing a moss pole, trellis, or other support structure. Secure the stems to the support with plant ties or clips.

11. Are there different varieties of money plants (pothos)?

Yes, there are numerous varieties of pothos, including Golden Pothos, Marble Queen Pothos, Neon Pothos, and Satin Pothos, each with unique leaf patterns and colors.

12. Why is my jade plant dropping leaves?

Leaf drop in jade plants can be caused by several factors, including overwatering, underwatering, sudden changes in temperature, or insufficient light. Review your care practices and make adjustments as needed.